Naspers and Prosus end their week in fine style
Technology group’s attempt to reduce its discount to underlying assets looks to be bearing fruit
15 September 2019 - 19:10
Technology group Naspers’s attempt to reduce its weighting on the JSE while reducing its discount to underlying assets looks to be bearing fruit as its new listing in Amsterdam closed the week more valuable than its prized stake in Chinese technology group Tencent.
What remains to be seen is whether shareholders will elect to take up stock in the new vehicle or keep 100% of their investment in Naspers. ..
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